Tesla TSLA has outperformed the market over the past 10 years by 32.9% on an annualized basis producing an average annual return of 43.0%. Currently, Tesla has a market capitalization of $713.96 billion.
Buying $1000 In TSLA: If an investor had bought $1000 of TSLA stock 10 years ago, it would be worth $33,778.56 today based on a price of $225.26 for TSLA at the time of writing.
Tesla's Performance Over Last 10 Years
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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